Kier’s strong financial performance

Kier Group has announced a strong financial performance for its full-year results to 30th June 2018. The results were bolstered in particular by a solid performance in its highways business. The company claims that this has reinforced the firm’s position as the UK’s leading provider of highways management and maintenance services. Over the 12 months, Kier has maintained its position as the lead supplier to Highways England. Securing two three-year extensions to 2021 and 2022 respectively worth over £250 m
September 20, 2018 Read time: 2 mins
Kier has been successful in the Australian roads market
8139 Kier Group has announced a strong financial performance for its full-year results to 30th June 2018. The results were bolstered in particular by a solid performance in its highways business. The company claims that this has reinforced the firm’s position as the UK’s leading provider of highways management and maintenance services.


Over the 12 months, Kier has maintained its position as the lead supplier to 8100 Highways England. Securing two three-year extensions to 2021 and 2022 respectively worth over £250 million/year were secured in Areas 3 & 9 the business has also won six-month extensions on Areas 6 & 8.

Following 2435 Carillion’s liquidation, its work on the M6 junctions 16-19 has transferred to Kier, complementing other Smart Motorways work the business carries out on the M6 junctions 13-15, the M20 and M23.

Kier says it has upheld its position as key provider of local authority highways maintenance services such as with the £147 million Shropshire County Council highways contract agreed on 1st June 2018.

In Australia, the joint venture with DM Roads was successful in being awarded two new contracts; the five-year £180 million Perth Metropolitan Network Contract and the five-year £30 million Goldfields-Esperance Rural Network Contract. These contracts reflect the increasing demand for new and upgraded roads in the region in light of population growth.

Dave Wright, executive director for Highways, commented: “This is a solid set of results for the highways business and are a testament to the successful work our teams have been undertaking on behalf of our clients. We are delighted to have secured extensions on Areas 3 & 9 and 6 & 8 and look forward to continuing to work with Highways England and our supply chain to build upon its current way of working.

“We place collaboration, innovation and safety at the heart of our business. We continue to work closely with our clients and the supply chain to bring new and innovative technologies to the road network that increase safety for road workers and users, as well as improving efficiency.”

Finance & Funding

For more information on companies in this article

Related Content

  • A European Deere?
    July 4, 2018
    Iconic US manufacturer John Deere is back in Europe, thanks to its purchase of Wirtgen. David Arminas looks at what’s in store The gods were smiling on the Wirtgen Group for the company’s Road Technology Days 2018 event. This year it was held in summer-like weather at the recently expanded Voegele plant near Mannheim in Germany. Within days in northern Europe the season dramatically changed from dreary chilly late winter to glorious high temperatures, just in time to bathe the amassed demonstration equi
    Read More
  • Aggregate Industries lightens the load for the Acton Swing Bridge
    October 2, 2018
    Aggregates Industries recently lightened the load for the 73m-long bow string truss Acton Swing Bridge in England. When opened in 1933, it was the first floating swing bridge in the UK – floating on a pontoon. The 84-year-old bridge, which is cared for by the Canal & River Trust charity, carries the busy A49 road over the River Weaver Navigation, in the county of Cheshire. A recent €1.7 million complete refurbishment included strengthening works to the underside of the bridge as well as improvements to its
    Read More
  • Symology supplies the foundations for Tarmac’s Street Works business
    April 7, 2017
    UK contractor Tarmac has been in partnership with Symology since 2011, using a shared management service for asset management to meet tougher government street work regulations, writes Matt Waite Tarmac, with more than 6,600 employees, is the UK’s leading sustainable building materials and construction solutions business. The company has over 330 UK sites from which it delivers contracting and highways maintenance services as well as products such as aggregates, asphalt, cement, lime and ready-mix concre
    Read More
  • Aggregate Industries Lytag concrete reduces weight of Acton Bridge
    August 10, 2018
    The 84-year-old Acton Swing Bridge in the UK recently underwent a major renovation that included the use of Aggregates Industries’ Lytag lightweight concrete. The bridge - cared for by the Canal & River Trust, a charity operating in England and Wales - carries the busy A49 road over the River Weaver Navigation canal, near Cheshire in England. The €1.7 million complete refurbishment included strengthening the underside of the bridge as well as improvements to its appearance. Core to the project’s success
    Read More

Highlighted Content